Asia climate deals: Vietnam EV snubs USA for $2 billion EV plant

Asia

Asia climate deals: Vietnam EV snubs USA for $2 billion EV plant

Share on

Vietnam EV snubs USA for $2 billion EV plant

Nasdaq-listed VinFast prepares the startup of a new facility in India in June, and postpones a planned $4 billion investment in the US until 2028. Outlook Business

Investors ink E-motorbikes deal in Indonesia

EcoSecurities group will finance the dissemination of several hundred thousand domestically made e-bikes for commercial use across Indonesia. Eco-Business

Samsung Vietnam breaks ground on rooftop solar initiative

With CME Solar, the electronics giant begins rollout of renewables to power its manufacturing plants across Vietnam, where it has invested $23 billion. Vietnam Investment Review

Orient Cable deal for offshore wind farm

Under the contract, the Zhejiang province company will provide a 118-km subsea cable capable of transmitting 2 GW for China Southern Power Grid. Renews

Thai food giant opens flagship all-RE powered farm

CP Foods’ chicken complex taps manure for biogas and solar for 100% renewable facility, part of a company-wide shift. Bangkok Post

Featured photo: VinFast charging station in Vietnam. Source: VinFast

Written by

Kari Huus

Kari Huus is a writer and editor based in Seattle. She was a staff reporter for MSNBC.com from 1996-2014, with stints covering international business, foreign policy, and national affairs. Earlier, she reported on China for the Far Eastern Economic Review in Hong Kong, and Newsweek in Beijing. From 2015 to 2020, she was managing editor for the website Money Talks News.